News

CORIL HOLDINGS LTD. EXERCISES WARRANTS IN GEMINI CORPORATION

October 1, 2014

October 1, 2014, Calgary, Alberta – Coril Holdings Ltd. (“Coril”) announces that it has exercised its 15,000,000 Common Share Purchase Warrants (“Warrants”) of Gemini Corporation (“Gemini”). Each such Warrant entitled Coril to purchase one Common Share at a purchase price of $0.25 for an aggregate additional investment of $3,750,000.

After exercising the Warrants, Coril will own approximately 48% of the Common Shares of Gemini (45% on a fully diluted basis).

Coril’s additional investment of $3,750,000 is to support the continued growth of Gemini’s business.

About Coril

Headquartered in Calgary, Alberta, Canada, Coril is a 100% family-owned parent company of a number of subsidiaries operating in the following industries: